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Charles Payne and GOP Strategist Jack Burkman discuss the dynamics between the presidential campaigns of Mitt Romney and Rick Perry as well as the iss...
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Like NFLs like the Federal Reserve might.
Intimidated by something out there and it could be Rick Perry -- I think you're right on I think that's an astute observation because the Fed is a political institution it's not supposed to be a political institution I knew but it is politically sensitive it's a little bit like the Supreme Court in that way they're not supposed to play politics but they do.
The Fed you know Alan Greenspan was a long time violator of that and I think bad Bernanke's following in his footsteps look I agree with I agree that 95% of what Perry said.
The only function the Fed should have there's a you know there's a legitimate need to inject capital you just can't have the US mint.
And then that would put the money cut industry and people they get up there's a need for some -- institution the Fed or otherwise to pump money -- into the economy.
But I I -- 9590%.
Of Perry's comment in that the Fed has gone way too far the idea that the Federal Reserve.
Given how it was set up should be bailing out something like AIG and -- -- I mean that stuff is absurd.
About the notion because it looks like there's a different -- been taken out outlook Perry now that listen.
He took a lot of stimulus money himself perhaps see some sort of a hypocrite and really.
Up president -- how could He resist almost levers all -- money making levers would you can pay off political favors.
Re direct well I mean how could the president Perry who talk stimulus money.
-- resistant to that because we've seen all all presidents whether Democrat or Republican to come to the to the ability to go ahead and do that.
It's a great question I I think this the simple answer is Charles you know.
He's as governor of Texas you represent the state the people of Texas if if the federal government's giving away money you have an obligation to your people to take it otherwise they're just gonna mail -- to Illinois or Florida or Pennsylvania the fact that you have some.
Ideological I mean.
I if I ever governor of Texas -- governor of anything I would've taken the money just like He did I don't I don't see any kind of a conflict there if you turn it down the money will just go elsewhere.
So the fact that you don't believe congress should be engaging in a certain type of policy.
Doesn't mean you should temperature own state.
-- before -- let -- go back to Romney roll quick and -- hindsight would have been better for him to run as a conservative Democrat.
I think.
Mitt Romney is in the bond party drug I think you're right on the money He wouldn't NATO wonderful love Bill Clinton's style a Democrat He picked the wrong party.
I mean He was a He was a liberal Republican governor of Massachusetts -- had been giving him advice I would is that we can't look you belong you should switch parties -- -- Democrat I think He would have been -- a strong force of the Democratic Party but Romney with this kind of Bob.
And I'm not here to advocates burden associates is on -- -- that I'm not backing any Republican candidates at this point I haven't picked my ores but you know.
Romney has just flip flopped on every social issue there is I mean right we'll see through that it's.
I think at a minimum at a maximum -- -- switch parties yes.
But I think get a minimum Charles Morris He should have run as a moderate Republican and -- and He -- been what He has Jack we got to leave it there thanks a lot appreciate it.
